Ukraine War Causes Inflation & Higher Rates – Martin Armstrong

4/16/2023
Greg Hunter's USAWatchdog.com

https://rumble.com/v2igcnm-ukraine-war-causes-inflation-and-higher-rates-martin-armstrong.html

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Legendary financial and geopolitical cycle analyst Martin Armstrong was forecasting “chaos” in 2023. The Ukraine war is ramping up. China looks like it’s getting ready to invade Taiwan. President Trump was indicted by radical Deep State Democrats. The FDIC had to rescue some big banks and stop an economic implosion, and it’s just the first few weeks of spring. Don’t look for things to get better. Armstrong explains, “Bidens approval rating is collapsing. “Socrates” (Armstrong’s predictive computer program) has it now at 9.5%. . . .What they are going to do is try to start war before the election, and that’s what this is all about. Their theory is no president that has ever been engaged in a war has ever lost an election. You don’t change horses in midstream. So, they intend to actually start war.”

What does Armstrong see for interest rates? Armstrong says, “Nobody wants to talk about the elephant in the room, and that is the Ukraine war. . . . You have to understand how central banks really work. Powell (Fed Head) started raising rates as soon as the Ukrainian war started. He knows the number one factor in creating inflation is war. The amount of money that is being completely dumped down the drain with Ukraine is insane. Besides the guns and weapons and everything else, Biden is funding the entire Ukrainian government. He’s funding all their salaries and their pensions. . . . Rates are going higher into 2024. . . . The Fed is not going to tell the truth. It’s just not. . . . They are not talking about the elephant in the room, and that is all the money going to Ukraine, and now you are talking about waging war to defend Taiwan.”

So, more war means more inflation and much higher interest rates.

Armstrong also talks about Trump and his chance of getting back into the White House, the implosion of the legal system, rigged elections coming in 2024 and the real inflation rate that could top 30% soon.

There is much more in the nearly 59-minute interview.
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